America’s casino industry is reeling from the economic impact of the COVID-19 pandemic, with casino closures leaving over 600,000 staff out of work.
On Thursday, the American Gaming Association (AGA) released an update on the mounting economic toll of the coronavirus outbreak, which has resulted in 95% of the nation’s 465 commercial casinos and 76% of tribal casinos having shut their doors either voluntarily or under the orders of state authorities.
AGA CEO Bill Miller said around 616k casino employees “are prevented from working because of the important health and safety decisions made by state governments.” Around 206k of these employees (used to) work in Nevada. Miller also claimed that “nearly 350k small business employees that rely on gaming for their livelihood” are facing dire straits.
The AGA offered a litany of numbers to illustrate the plight of these employees, some of whom have been given greater assurances of support from their employers than others. The AGA says casino staff earn a combined $74b in annual wages, while casino operations generate $41b in annual tax revenue and tribal revenue sharing.